By and  on September 13, 2013

Retail stocks were flat on Wall Street today after a disappointing reading on August sales.

The Commerce Department said total August retail and food service sales inched up a seasonally adjusted 0.2 percent from July — slower growth than the 0.4 percent gain economists projected. Sales at apparel and accessories tanked a seasonally adjusted 0.8 percent in August while general merchandise stores saw a 0.2 percent dip.

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